Bylaws


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Bylaws

The rules and regulations enacted by an association or a corporation to provide a framework for its operation and management.

Bylaws may specify the qualifications, rights, and liabilities of membership, and the powers, duties, and grounds for the dissolution of an organization.

bylaws

n. the written rules for conduct of a corporation, association, partnership or any organization. They should not be confused with the Articles of Corporation which only state the basic outline of the company, including stock structure. Bylaws generally provide for meetings, elections of a board of directors and officers, filling vacancies, notices, types and duties of officers, committees, assessments and other routine conduct. Bylaws are, in effect a contract among members, and must be formally adopted and/or amended. (See: corporation)

See: codification
References in periodicals archive ?
(126) This inquiry has two aspects: (1) a legitimate threat; and (2) proportionality and reasonableness--both of which limit the application of a company's bylaws.
The failed Bill C-7, supra note 19, proposed reorganizing the bylaws powers and adding to them.
If the certificate of incorporation grants a board the power to unilaterally amend the corporation's bylaws, as permitted by Section 109(a), then the board may enact bylaws and thereby unilaterally alter the flexible contract.
All of this is contingent on the Bylaws Clean-up amendment passing.
Required changes to the current constitution and bylaws to proceed with continuance
The union's previous formation, which drafted the current bylaws, was dominated by a Brotherhood majority last year.
The new bylaws will be applicable across 120 commercial banks in Indonesia.
The bylaws are set up to be a form of governance to provide organization, classification, and control of "citizenship" in a facility, as well as a framework for quality.
According to Grundfest, before Vice Chancellor Laster's famous Revlon remark, only 16 companies had adopted exclusive-forum bylaws. By the end of 2011, about 200 Delaware corporations had enacted them.
Healthcare entity bylaws and related documents; navigating the medical staff/healthcare entity relationship, 3d ed.
There has been some exciting work going on in the Committee on Bylaws. Now, before you think that "bylaws" and "exciting" do not belong in the same sentence or that they are contradictory, let's explain.
Sources said the commission finalised bylaws for seven major astride roads: Islamabad Highway, Murree Road, Lehtrar Road, G.T.